IFP Advisors Inc boosted its position in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS – Free Report) by 393.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,552 shares of the company’s stock after acquiring an additional 6,020 shares during the period. IFP Advisors Inc owned about 0.09% of SPDR MSCI USA StrategicFactors ETF worth $1,315,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in QUS. Bank of America Corp DE grew its holdings in SPDR MSCI USA StrategicFactors ETF by 94.7% during the 2nd quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock worth $64,390,000 after acquiring an additional 192,062 shares in the last quarter. BIP Wealth LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth approximately $18,907,000. Focus Partners Wealth grew its holdings in SPDR MSCI USA StrategicFactors ETF by 3.7% during the 3rd quarter. Focus Partners Wealth now owns 2,060,903 shares of the company’s stock worth $352,923,000 after acquiring an additional 74,333 shares in the last quarter. Howard Capital Management Inc. grew its holdings in SPDR MSCI USA StrategicFactors ETF by 85.0% during the 4th quarter. Howard Capital Management Inc. now owns 119,933 shares of the company’s stock worth $20,890,000 after acquiring an additional 55,112 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in SPDR MSCI USA StrategicFactors ETF by 31.9% during the 2nd quarter. Raymond James Financial Inc. now owns 140,287 shares of the company’s stock worth $22,879,000 after acquiring an additional 33,967 shares in the last quarter.
SPDR MSCI USA StrategicFactors ETF Stock Up 0.8%
QUS stock opened at $186.39 on Friday. The business has a 50 day moving average price of $177.80 and a 200 day moving average price of $176.32. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 22.46 and a beta of 0.84. SPDR MSCI USA StrategicFactors ETF has a fifty-two week low of $156.19 and a fifty-two week high of $186.61.
About SPDR MSCI USA StrategicFactors ETF
The SPDR MSCI USA StrategicFactors ETF (QUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US large- and mid-cap stocks comprising three equally weighted subindexes with value, quality and minimum volatility factor strategies. QUS was launched on Apr 16, 2015 and is managed by State Street.
Featured Stories
- Five stocks we like better than SPDR MSCI USA StrategicFactors ETF
- Workday Validates AI Flywheel: Stock Price Recovery Begins
- HubSpot at 2019 Levels Is an Opportunity—Not a Warning
- Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?
- Kiniksa Pharmaceuticals Still Has Room to Run After 100% Rally
Want to see what other hedge funds are holding QUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS – Free Report).
Receive News & Ratings for SPDR MSCI USA StrategicFactors ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR MSCI USA StrategicFactors ETF and related companies with MarketBeat.com's FREE daily email newsletter.
